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‘$31K was not the end’ — 5 things to know in Bitcoin this week

5.6.2023
Bitcoin analysts are gearing up for a break toward the $30,000 mark, but what will BTC price action offer in the coming days?

Render Network's RNDR Token Outperforms Broader Crypto Market, Mirrors Tech Stocks as NVIDIA Hits $1 Trillion Market Cap

31.5.2023
The decentralized GPU-based rendering solutions provider Render Network’s native RNDR token has seen a wave of interest over the past month as the narrative around artificial intelligence (AI) continues to strengthen. In the past 30 days, the token has outperformed the broader crypto market...

AI demand briefly catapults Nvidia into $1 trillion club

31.5.2023
Nvidia share prices have more than tripled since October last year as demand for AI tech surges

Blockchain-Based Render Network's Token Tracks Tech Stocks as Broader Crypto Market Decouples

30.5.2023
RNDR has been a good high beta Nasdaq play in recent weeks, one portfolio manager noted

Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers

25.5.2023
BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks

Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research

24.5.2023
The correlation of BTC’s price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted

Bitcoin price risk? US debt deal to trigger $1T liquidity crunch, analyst warns

19.5.2023
Bitcoin price could drop to $20,000 in Q3 amid mounting worries about a potential cash liquidity crisis led by the U.S. Treasury Department

FTX Executives Sue Co-Founders Amidst Failed FTX Stocks Project

18.5.2023
Court documents filed on May 17, 2023, reveal that current executives overseeing FTX and its subsidiary, Alameda Research, have initiated a lawsuit against Sam Bankman-Fried, the former CEO of FTX, Nishad Singh, FTX’s former director of engineering, and Zixiao “Gary” Wang...

Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals

18.5.2023
Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey conducted by Bank of America. The survey highlights a notable 5.6% increase in cash reserves during May, as apprehensive investors brace themselves for a potential credit crunch and a recession....

Watch these BTC price levels as Bitcoin threatens to lose $27K support

17.5.2023
Bitcoin remains in a tight range with low liquidity, but expectations for new local lows are increasing

4 alarming charts for Bitcoin bulls as $27K becomes formidable hurdle

14.5.2023
The price of Bitcoin can fall to $15,000 in 2023 if its strengthening correlation with certain macro charts is any indication

Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?

9.5.2023
The "Oracle of Omaha" has increased Berkshire Hathaway's cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk-assets

Bitcoin drops with stocks as analyst warns of banking crisis 'endgame'

4.5.2023
Nerves become apparent across risk assets as U.S. regional banks add to already significant losses

US lawmakers introduce bipartisan bill proposing ban on members investing in 'financial instruments'

3.5.2023
Representatives Alexandria Ocasio-Cortez and Matt Gaetz — lawmakers diametrically opposed on a variety of issues — joined forces to stop congressional members from trading stocks

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

2.5.2023
Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as regional bank stocks hit...

ARK Invest spends Int'l Workers' Day by buying $8M in Coinbase shares

2.5.2023
Despite Coinbase shares tumbling amid its legal battle with the U.S. SEC, Cathie Wood is still bullish on the crypto exchange

First Republic Bank Faces Potential Takeover by FDIC Amidst Financial Struggles

29.4.2023
According to multiple reports, First Republic Bank is facing significant financial difficulties and could be taken over by the Federal Deposit Insurance Corporation (FDIC) if private sector banks do not intervene. The FDIC has reportedly approached several large commercial banks regarding...